# Malaysian palm oil set for weekly loss as rival soyoil drops - Markets - Business Recorder

> Malaysian palm oil futures fell on April 1, 2022, on track for a weekly decline of about 6%, tracking losses in soyoil. Malaysian March palm exports rose 6.7% to 7.4% from February, and USDA forecast record US 2022 soybean plantings.

- Date: 2022-04-03 · published 2022-04-03T12:00:00.000Z
- Category: report · region US · magnitude medium
- Page: https://feedsoft.ai/events/5915-malaysian-palm-oil-set-for-weekly-loss-as-rival-soyoil-drops-markets-business
- Commodities: [Palm Oil](https://feedsoft.ai/c/PALMOIL.md), [Soybean Oil](https://feedsoft.ai/c/SBO.md), [Soybeans](https://feedsoft.ai/c/SOY.md)

## Why it matters

A record US soybean planting forecast raises expected soyoil supply and weighs on vegetable oil prices, pressuring palm as a competing oil. Stronger March exports offer limited support.

## Read by commodity

- SBO: bearish ▼
- SOY: bearish ▼
- PALMOIL: bearish ▼

## Linked price moves

| Commodity | Date | Window | Change % | z-score | Why linked |
| --- | --- | --- | --- | --- | --- |
| PALMOIL | 2022-04-01 | 5 | -13.0% | -4.6 | Weekly loss of about 6% tracking weaker soyoil, with record US soybean planting forecasts adding bearish vegoil supply sentiment. |
| PALMOIL | 2022-04-01 | 1 | -12.8% | -5.7 | Notes April 1 palm decline tracking soyoil losses and a weekly drop of about 6%, showing substitute-oil linkage amplifying the selloff. |

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| PALMOIL | 2021-06-10 | [Palm oil falls to seven-week low on tepid June exports - Markets - Business Recorder](https://feedsoft.ai/events/10808-palm-oil-falls-to-seven-week-low-on-tepid-june-exports-markets-business-recorder.md) | -6.9% | -5.0% |
| PALMOIL | 2023-09-11 | [Palm down on rising stocks, falling exports - Markets - Business Recorder](https://feedsoft.ai/events/34221-palm-down-on-rising-stocks-falling-exports-markets-business-recorder.md) | -1.3% | -7.2% |
| PALMOIL | 2023-07-13 | [Palm oil falls over 2% on higher global edible oils output forecast - Markets - Business Recorder](https://feedsoft.ai/events/35140-palm-oil-falls-over-2-on-higher-global-edible-oils-output-forecast-markets.md) | +0.8% | -1.4% |
| PALMOIL | 2017-10-04 | [Malaysia palm oil stocks seen rising to 19-month high - The Business Times](https://feedsoft.ai/events/5638-malaysia-palm-oil-stocks-seen-rising-to-19-month-high-the-business-times.md) | +0.9% | +2.8% |
| PALMOIL | 2021-02-18 | [Malaysia's Sime Darby Plantation eyes palm oil output recovery, high prices - The Business Times](https://feedsoft.ai/events/48726-malaysia-s-sime-darby-plantation-eyes-palm-oil-output-recovery-high-prices-the.md) | -0.4% | +8.5% |
| SBO | 2026-02-04 | [Palm oil tracks Dalian rivals higher - Markets - Business Recorder](https://feedsoft.ai/events/4663-palm-oil-tracks-dalian-rivals-higher-markets-business-recorder.md) | +2.6% | +11.1% |
| SBO | 2023-07-13 | [Palm oil falls over 2% on higher global edible oils output forecast - Markets - Business Recorder](https://feedsoft.ai/events/35140-palm-oil-falls-over-2-on-higher-global-edible-oils-output-forecast-markets.md) | -2.4% | -2.6% |
| SBO | 2017-04-05 | [Malaysia palm oil output likely jumped in March — Survey \| Borneo Post Online](https://feedsoft.ai/events/6875-malaysia-palm-oil-output-likely-jumped-in-march-survey-borneo-post-online.md) | -1.1% | +2.8% |

## Sources

- brecorder.com: https://www.brecorder.com/news/40164833

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.